Director of Finance - Racing Operations
Penn National Gaming, Inc. - Wyomissing, PA

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Penn National Gaming has thrilled and entertained guests since 1971 when it all began as a horse racing venue. From a single race track, we have grown to be one of the nation’s largest gaming companies, operating 19 properties that offer broad and diverse gaming and pari-mutuel wagering experiences. This success has led to our company being one of Fortune’s 100 Fastest Growing U.S. Companies for a record 6 years. PENN is dedicated to becoming the undisputed leader in guest service by offering a Red Carpet experience for each and every guest.

Your daily responsibilities include:
Penn National Gaming’s Corporate Office is currently looking for a Director of Finance for Racing Operations to join our team. This position will be located at our Grantville, PA location reporting to the Corporate Vice President of Racing and will be responsible for leading our racing finance operations.
Responsible for the maintenance and documentation of the Accounting System and Internal Control for all our Racing Operations. Responsible for auditing current process and implementing best practices to ensure proper accounting procedures are in place and followed.
Plans, coordinates, and executes an efficient accounting and financial reporting system which provides data, as directed by the Corporate Office, for purposes of internal and external Financial Reporting as required by, among other Regulatory Bodies, The Securities and Exchange Commission (including requirements under Sarbanes-Oxley), the Internal Revenue Service
Review of all Corporate and external reporting financial statements to ensure accuracy and compliance for submission to Corporate Accounting
Manage and ensure the efficient operation and accuracy of the payroll functions, including the generation, distribution, and reporting of payroll to ensure compliance with timelines/deadlines as directed by the Corporate Office
Coordination with Corporate Tax to ensure tax compliance, to include income , property and other tax reporting
Responsible for ensuring properties meet all regulatory compliance and Internal Controls as they apply to financial matters of the properties.
Creates and maintains a periodic, quality internal reporting process to be used by Company and Property Management for purposes of analyzing results of operations and making business and operating decisions about the direction of the Company
Brings plans for operating efficiency to the attention of Management and assists in implementation of developed processes
Responsible for assisting Corporate Vice President of Racing in the annual Budget and Capital Plan planning for racing operations, inclusive of planning, executing and reporting on the variances from actual operating results
Responsible for developing and maintaining a qualified staff at the property level that has the capabilities of executing the required actions necessary for complying with all Financial Reporting and Accounting Internal Controls as outlined by the Company
Continuously maintain knowledge and understanding of rules and regulations as promulgated by, among other governing bodies, Generally Accepted Accounting Principles, the Securities and Exchange Commission, the Internal Revenue Service, the Department of Revenue for the state jurisdiction and State Gaming Control Board
Work closely with Vice President of Racing on special projects to benefit racing operations.
Work with property accounting staff to maintain the system of Accounting and Internal Controls for purposes of safeguarding the assets of the Company. This position will oversee all finances for Beulah Race Track, Raceway Park Toledo, Rosecroft Raceway, and Sanford Orlando Kennel Club, Sam Houston Race Park and Valley Greyhound Park.

To be successful in this position it will require the following skill set:

Bachelor’s degree (B.A./B.S.) from an accredited four-year college or university; MBA and or CPA preferred;
Experience in the racing industry is a plus
Must have seven years of experience in the area of finance which pertains to Accounting, Audit, Planning & Analysis and/or Operations
Must be proficient in Microsoft applications (Excel, Access, Word)
You should be able to respond to common inquiries or complaints from guests, regulatory agencies, and community members
You must be able to read and interpret documents, such as safety rules, operating and maintenance instructions, and manuals
Must have the ability to read, analyze, and interpret business periodicals, technical procedures, and governmental regulations
This person needs to have the ability to write reports, business correspondence and procedure manuals
Must be highly skilled in communicating via written and verbal formats
You must be able to solve practical problems and deal with a variety of situations
Must be capable of operating in a highly confidential environment

Something to leave you with:
If you’re truly committed to a red-carpet service culture, then you need a team that is just as dedicated in pursuing that vision. Penn National Gaming is the place where we empower our cast members to deliver that WOW factor to our guests and in turn we will provide them an opportunity to build an “A” list career portfolio. You will soon understand why “It’s Good To Be PENN!”

Penn National Gaming, Inc. - 2 years ago - save job - block